Close×

Australia has become a founding member of the Global Partnership on Artificial Intelligence (GPAI), the world’s first multilateral forum dedicated to AI.

Minister for Industry, Science and Technology Karen Andrews said membership of the GPAI gives Australia a seat at the table guiding responsible development of AI internationally.

“The economic potential of artificial intelligence is almost limitless. This technology is developing at an incredible pace and, just a few years from now, AI will be creating jobs that we can’t even imagine yet.

“Australia needs to be part of the international work to guide its development. Membership of the GPAI will allow Australia to showcase our key achievements in AI and provide international partnership opportunities which will enhance our domestic capability.

“Membership of the GPAI will build on the work the Government started at last year’s National AI Summit, which brought together 100 AI experts to discuss the challenges and opportunities which AI will present for the Australian economy.”

The GPAI will provide collaboration opportunities for a broad range of experts from across Australian science and industry. Professor Genevieve Bell, Professor Enrico Coiera, Professor Elanor Huntington, Professor Toby Walsh and Dr Paul Dalby and have been selected as Australia’s first nominations to GPAI.

Australia joins other founding members of GPAI: Canada, the European Union, Germany, France, India, Italy, Japan, New Zealand, the Republic of Korea, Singapore, Slovenia, the UK, and US.

The GPAI will comprise two centres of expertise, one in Paris focusing on data governance and the future of work and one in Montreal focusing on responsible AI, innovation and commercialisation.

Food & Drink Business

Cobram Estate Olives (CBO) has formally claimed a purchase price adjustment of up to US$31.9 million on its California Olive Ranch (COR) acquisition and expects to pay no earn-out on the deal, as the Australian producer works through the completion of its largest ever transaction.

Maggie Beer Holdings (MBH) has pushed back the expected timing of its proposed $10 million sale of Hampers and Gifts Australia (HGA), with completion now targeted for February 2027 rather than a binding agreement signed by the end of this month.

RMIT University and End Food Waste Australia have launched the new Food and Beverage SME Packaging and Machinery Solution Centre, to help Australian food and beverage SMEs navigate the complex transition to more sustainable packaging and processing technologies, while protecting product quality and minimising food waste.